Corporate Culture and the Problem of Executive Compensation

Levitt, Arthur

doi:10.2139/ssrn.868518

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Corporate Culture and the Problem of Executive Compensation

10 Pages Posted: 12 Dec 2005

See all articles by Arthur Levitt

Arthur Levitt

Independent Author

Date Written: December 2005

Abstract

This paper is based on the author's comments at the Columbia University Symposium on Bebchuk and Fried's "Pay without Performance: The Unfulfilled Promise of Executive Compensation." The paper offers the author's perspective on the book and the problems of executive compensation raised in it.

Keywords: Executive compensation, pay without performance, Corporate culture

JEL Classification: G30, J33, J44, K22

Suggested Citation: Suggested Citation

Levitt, Arthur, Corporate Culture and the Problem of Executive Compensation (December 2005). Available at SSRN: https://ssrn.com/abstract=868518 or http://dx.doi.org/10.2139/ssrn.868518